Ok tonights wsop aces pre flop fold discussion got me thinking.
What situations would you fold aces pre? Anyone ever done it?
(instant legend if you could post hand history proof)
The maths would suggest four opponents and your no longer a favourite to win the hand, but im not sure i could fold here.
COULD YOU?
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three all-in opponents each have a 20% chance to win and your holding aces,
Your only 40% to win.
You will win more than each of your opponents individually, but loose more than you win in the long run.
In a cash game never fold aces pre because even if your equity is below 50% the pots odds you'd be getting would still make a call highly +EV. If its a satellite then folding aces is fine depending on circumstances.
i used three hands to keep the maths example simple lol.
your 48% against kings, queens and 67 suited.
All in pre against 1 player is fine, multiple all ins and you are gonna get beat most of the time
Take my Advice - It's Only a Pair!!!!!!!!!!!!!!!!!
(0.48*3 - 0.52*1) *100
And yet still we make 92% profit on average every time we make the call (discounting blinds and rake and assuming equal stack sizes to make things easier). There is never a situation where folding aces preflop is a good thing in a cash game.
Guess its all about tournament life, laddering and how you rate your edge against your opponents.
In a cash situation, I would say get it in good pre-flop, at the end of the day if we lose we are just gonna re-load, however, in an MTT situation, this is one time where I would fold against multiple all-ins as this is for my tourny life, I don't have the opportunity to re-load (unless its a re-buy) so ultimately, I protect my chips and don't get involved in a 3 or 4 way pot with a pair even if it is aces pre-flop.
If I am first or second to react its going all in, however if there are multiple all ins prior to me, then i'm folding any pair and waiting for a better spot.
How we play this in cash or mtts' differs so much.
In a tournament, it's a tough fold mostly. I don't think I could fold unless it was an enormous buyin event with a real deep structure, and there's at least 4 allins in front of me in early stages- extremely unlikely.
In a DYM/satellite structure I could fold aces in a heartbeat in the right spot.